Total monthly cost of ownership
Cost to Own a Home in Middleburg, Florida
A $242,000 home here costs
$2,021per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $86,500 a year.
A standard mortgage calculator would have told you $1,319. The real number is $702 higher every month, 53% more than the payment most buyers budget for.
Compare Clay County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Middleburg against Clay County and Florida
| Measure | Middleburg | Clay County |
|---|---|---|
| Median home value | $241,700 | $281,500 |
| Median property tax | $1,443 | $2,080 |
| Effective tax rate | 0.597% | 0.739% |
| Median gross rent | $1,094 | $1,464 |
| Population | 11,911 | 223,436 |
The weather behind that power bill
Middleburg sits in Clay County, which averages a high of 91.8°F in its hottest month and a low of 47.2°F in its coldest, with 47.6" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 3,302 cooling and 944 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Clay County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clay County
Talk to someone who works this market
These are Middleburg averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Middleburg every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Middleburg I already own here and may sell
Common questions
How much does it cost to own a home in Middleburg?
A $242,000 home in Middleburg, Florida costs approximately $2,021 per month with 20% down at 7.24%. That is $1,319 principal and interest, $120 property tax, $146 homeowners insurance, $233 utilities and $202 set aside for maintenance.
What is the property tax rate in Middleburg?
Middleburg has an effective property tax rate of 0.597%, based on a median home value of $241,700 and median real estate taxes of $1,443. That is lower than the Clay County average of 0.739%.
What is the average home price in Middleburg?
The median owner-occupied home value in Middleburg, Florida is $241,700, against $281,500 across Clay County.
Is it cheaper to rent or buy in Middleburg?
Median gross rent in Middleburg is $1,094 a month, against $2,021 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Middleburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Middleburg, Florida at today's rate takes a household income of roughly $86,500 a year. That covers the full $2,021 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Middleburg, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Florida.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.